#Shootingstar
What about if we spot an inverse hammer during an uptrend?
This is called a shooting star, and it’s another signal of a potential bullish reversal. The price action is the same as in an inverse hammer, with an early continuation of the rally being beaten back by sellers. Since this is occurring at the top of an uptrend, a reversal may follow.
As ever, you may want to consider waiting for further red candles to confirm the new move before opening your trade.